By supporting Azerbaijan in these areas, the EU aims to enhance economic resilience and transparency, contributing to the stability and progress of the wider region.
The European Investment Bank’s global arm, EIB Global, has granted a €43 million loan to Azerbaijan’s state-owned enterprise, AzInTelecom LLC, to develop a digital infrastructure for public administration. The funding will be used to construct two new state-of-the-art data centres offering cloud services and using green technologies.
That marks EIB Global’s first loan to Azerbaijan’s public sector. The project aims to improve the security, speed, and accessibility of government services while fostering innovation and creating skilled jobs. Expected to be completed by 2027, it will modernise public administration, contribute to sustainable economic growth, and support social progress in the country.
The initiative aligns with the European Union’s Economic and Investment Plan for the Eastern Partnership and the Global Gateway strategy. These frameworks underscore the EU’s commitment to promoting digital transformation and sustainable development in the region.
By supporting this project, the EU aims to help Azerbaijan achieve greater innovation, transparency, and economic resilience, contributing to broader regional stability and progress goals.
---
Quelle/Source: dig watch, 25.12.2024
Bitte besuchen Sie/Please visit:
